If this is true - and it is being reported by Bloomberg- it is staggering. If this is true, Paulson forced Bank of America to acquire Merill Lynch & Co. or else the senior management and officers or Bank of America would be replaced. This is all according to Andrew Cuomo. If he is right, this is a major Class A scandal.
There are far too many details for me to repeat here, but please follow this link to more information. It is well worth the read. This could become very interesting and I will be happy to watch from the sidelines. I am cheering for Cuomo to set some records straight.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aVnL7XywRK1A&refer=home
Long Day - No Disclosures.
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1 comment:
This story is bigger than Watergate, if true. Cuomo better not let his tight grip on this investigation subside. What we likely have is racketeering by all three conspirators.
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